{"id":23866,"date":"2022-01-11T13:04:00","date_gmt":"2022-01-11T07:34:00","guid":{"rendered":"https:\/\/itatonline.org\/digest\/jcit-v-narayana-reddy-vakati-2021-190-itd-466-88-itr-23-hyd-trib\/"},"modified":"2022-01-11T13:04:00","modified_gmt":"2022-01-11T07:34:00","slug":"jcit-v-narayana-reddy-vakati-2021-190-itd-466-88-itr-23-hyd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/jcit-v-narayana-reddy-vakati-2021-190-itd-466-88-itr-23-hyd-trib\/","title":{"rendered":"JCIT v. Narayana Reddy Vakati (2021) 190 ITD 466 \/ 88 ITR 23 (Hyd.)(Trib.)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that since corresponding undisclosed and unaccounted income pertained to company in which assessee was a director and said company was carrying out business separately in its own name, addition was held to be unjustified. (AY. 2010-11 to 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69C : Unexplained expenditure-Bogus purchases-Search and seizure-Incriminating materials belongs to company-Addition in the assessment of the director was deleted. [S. 132] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-23866","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6cW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23866"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23866\/revisions"}],"predecessor-version":[{"id":23867,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23866\/revisions\/23867"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}